“Exactly, and Dr. Sowell has been saying this right along.
Though the RATS ignore him they know he’s right.”
Frank and Dodd knew the sub prime market would implode. So did Goldman Sachs, who began to short the stocks of the companies that they were selling their poison securities to. Other bankers knew it as well, but decided to milk the market until it collapsed. The bankers and a few large companies are running this country now. Goldman Sachs and G.E. get whatever they want on the backs of the American taxpayer. G.E. virtually wrote the Cap N Trade legislation. These behemoths don’t mind Obama playing the little “left wing radical “Savior” as long as he plays ball, and does what he’s told.
You know I can remember a time when such corporate hijinks would have been rewarded with a Department of Justice investigation, and the culprits responsible frog marched out of their offices and into a nice cold jail cell.
I don't know if that is true. But I have heard pretty much the same claim made about German industry and Hitler. In the end it was probably Hitler who held the whip, and his business supporters did what they were told. If some in business think they control Obama, they are apt to be disappointed in the future.